Canghai Holding Reports Interim Results: Net Profit Attributable to Shareholders Drops 48.51% to RMB 8.001 Million
Stock News
Aug 26
CHANHIGH (02017) has released its interim results for the six months ended June 30, 2026, revealing a significant decline in both revenue and profitability. The company reported revenue of RMB 427 million, representing a 44.1% decrease compared to the same period last year.
Profit attributable to owners of the company stood at RMB 8.001 million, marking a 48.51% reduction year-over-year. Basic earnings per share amounted to approximately RMB 1.3 cents during the reporting period.
According to the company's announcement, the 44.1% drop in revenue was primarily driven by lower revenue contributions across all reportable segments during the six-month period ended June 30, 2026, when compared to the corresponding period in the prior year.
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